5383 Shady Grove Terrace, Memphis TN, 38120

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$1,695,000 For Sale
  • 5 Bedrooms
  • 8 Bathrooms

Features & Amenities of 5383 Shady Grove Terrace

This ultra-sophisticated Grand European on 1.3 acres offers styling and decor appealing to today's design trends. Sleek architectural lines, polished stone floors, expansive glass pouring light into beautiful formal and family spaces set the tone. A grand front gallery goes to a dramatic living room with soaring ceilings; the sharp-looking cook's kitchen is completely custom, adjoins a vaulted "keeping" room and has lovely views of the pool and grounds.

Additional Features

  • Rooms
  • Breakfast Nook
  • Dining Room
  • Family Room / Living Room
  • Pantry
  • Interior Features
  • Attic
  • Wetbar
  • Parking
  • Garage - Attached
  • Roof
  • Slate
  • Exterior Features
  • Patio
  • Porch
  • Sports Court
  • Flooring
  • Carpet
  • Hardwood
  • Tile
  • Cooling
  • Central
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Local Schools

School Name Score Class Size Distance
Shady Grove Elementary School 13 0.20 mi.
White Station Middle School 16 1.26 mi.
White Station High School 19 1.42 mi.

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Home Details

Square Footage
Price Per SqFt
Lot Size
1.35 acres
Property Type
Single Family
Year Built
Shady Grove Road Acres
Monthly Est. Mortgage
Monthly Est. Insurance
Monthly Property Tax
Last Updated
Last Sold Date
Last Sold Price
See MoreFewer Details
Total Rooms
Garage SqFt
Year Updated
Cooling System
Heating System
Heating Source
Tax Year
Tax Amount
High School
Middle School
Elementary School
School District
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Mortgage Calculator

With a current price of $1,695,000 and a mortgage rate of 4.0%, someone purchasing 5383 Shady Grove Terrace, Memphis TN, 38120 could expect to have a monthly payment of $7,953. This assumes a 30% down payment of $508,500, a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount: $1,186,500
Down Payment: 30%
Duration: 30 Years
40 years5 years
Rate: 4%
Homeowner Insurance: $593
Property Tax: 1.2%
Principal & Interest$5,665Insurance$593Taxes$1,695PMI$0Estimated Payment$7,953

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